zk-SNARKs and zk-STARKs Explained

Binance Academy · 2023-03-10T01:44:34.000Z

Privacy has always been seen as a valuable feature within the cryptocurrency community. It is the precursor to fungibility, which is necessary for a widely used form of money. Likewise, most crypto asset holders do not want their holdings and transaction history to be completely public. Among the various cryptographic techniques that aim to provide privacy to blockchains, zk-SNARK and zk-STARK proofs are two notable examples.